Investor Downing LLP has been appointed by Yorkshire Water to develop a group of 28 solar sites across the region.
The £25m project will generate capacity of 21MW and will contribute to the utilities firm's 2030 net zero pledge - providing about 4% of its annual needs - with all electricity consumed on site. Downing has partnered with net zero consultancy Ikigai which is acting as a "behind the meter" co-development partner throughout the process.
Sean Moore, investment director at Downing, said: "We’re delighted to be partnering with Yorkshire Water for this solar project. Assisting a national utility company with its goal of reaching net zero by 2030 is a superb example of Downing’s commitment to responsible investing. We are delighted to support energy-intensive industries such as water companies in making progressive strides to reduce their carbon footprint."
